Deposit & Earning
How do I deposit?
Visit the “Deposit” section and click the “Deposit” button for the asset you wish to deposit. Next, make sure to confirm your transaction after selecting the correct amount. After it is confirmed, you will begin earning interest on your investment.
(The first deposit of one asset will require an additional approval transaction)
How much will I earn?
yuzuToken holders receive continuous earnings that evolve with market conditions based on:
The interest rate payment on loans - depositors share the interests paid by borrowers corresponding to the average borrow rate times the utilization rate. The higher the utilization of a reserve the higher the yield for depositors.
Flash Loan fees - depositors receive a share of the Flash Loan fees corresponding to .09% of the Flash Loan volume.
Each asset has its own market of supply and demand with its own APY (Annual Percentage Yield) which evolves with time.
Is there a minimum or maximum amount to deposit?
You can deposit any amount you want, there is no minimum or maximum limit. Still, it's important to take into account that for really low amounts the transaction cost of the process may be higher than the expected earnings. It is recommended that you consider this when depositing very low amounts.
How do I withdraw?
To withdraw you need to go to the "Dashboard" section and click on “Withdraw”. Select the amount to withdraw and submit the transaction. Also, you can use your “yuzuTokens" as liquidity without withdrawing.
You would need to make sure there is enough liquidity (not borrowed) to withdraw, if this is not the case you would need to wait for more liquidity from depositors or borrowers repaying.
Can I opt out of my asset from being used as collateral?
Yes. After depositing your assets, you can unselect the asset so that it will not be used as collateral. The opt-out is available in the "Deposit" section within your dashboard. Simply switch the "use as collateral" button on the asset you would prefer to opt out from being used as collateral. (You can withdraw your assets without opting out of using them as collateral, as long as those funds are not actively being used to borrow and the withdrawal would cause a liquidation on your loans)
If you still have any questions, please reach out to the Yuzu team in our official Discord.
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